| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Good |
| Demographics | 16th | Poor |
| Amenities | 82nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 234 Jamacha Rd, El Cajon, CA, 92019, US |
| Region / Metro | El Cajon |
| Year of Construction | 2000 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
234 Jamacha Rd, El Cajon Multifamily Investment
Neighborhood occupancy has been resilient and renter demand is supported by a high renter-occupied share, according to WDSuite’s CRE market data. For investors, this points to stable leasing in an Urban Core setting with room for selective value-add at the property level.
This Urban Core pocket of El Cajon shows mixed but investable fundamentals for workforce-oriented rentals. Neighborhood occupancy trends are above the national median, though the area ranks below the metro median (398 out of 621 San Diego–Chula Vista–Carlsbad neighborhoods), signaling competitive conditions that reward disciplined operations and tenant retention strategies.
Everyday convenience is a strength: grocery and restaurant densities sit in the top quartile nationally, and park access also ranks high, which supports livability and sticky tenancy. By contrast, pharmacies and cafes are sparse locally, so residents rely on nearby corridors for those needs. The average neighborhood school rating trends low versus national norms; investors should underwrite marketing and amenity programming to offset that perception for family renters.
Tenure patterns favor rentals: the neighborhood’s renter-occupied share is high relative to national norms, indicating a deep tenant base that can support lease-up and backfill. At the same time, a high-cost ownership landscape (value-to-income ratios among the highest nationally) helps sustain reliance on multifamily housing, supporting pricing power in well-managed assets without overextending renewals.
Within a 3-mile radius, population and household counts have grown in recent years and are projected to continue rising through 2028, expanding the potential renter pool. Median household income in this radius has also increased, which can support rent collections; however, underwriting should still account for affordability pressure in select micro-pockets and align renewal strategies accordingly based on commercial real estate analysis from WDSuite.
Vintage considerations matter: with an average neighborhood construction year near the mid-1980s, a 2000-vintage asset like 234 Jamacha Rd is newer than much of the surrounding stock, offering relative competitiveness versus older buildings while still warranting targeted systems updates and cosmetic refreshes over the hold.
Safety indicators are mixed and should be underwritten conservatively. The neighborhood ranks 432 out of 621 metro neighborhoods for crime, which places it below both metro and national safety norms. National comparisons signal lower safety percentiles, particularly for violent incidents, so owners should plan for proactive security measures and resident engagement to support retention.
Year-over-year trends show recent volatility. While single-year changes can be noisy, monitoring quarterly patterns, coordinating with local resources, and investing in lighting, access control, and community standards can help stabilize perceptions and support leasing performance without relying on block-level claims.
Nearby employment anchors span aerospace/defense, food distribution, energy utilities, wireless technology, and biotech. These clusters provide a broad commuter base that can support renter demand and retention for workforce housing.
- L-3 Telemetry & RF Products — aerospace/defense offices (11.8 miles)
- Sysco — food distribution (12.0 miles)
- Sempra Energy — energy utilities (14.2 miles) — HQ
- Qualcomm — wireless technology (16.8 miles) — HQ
- Celgene Corporation — biotech/pharma (17.3 miles)
234 Jamacha Rd is a 22-unit, 2000-vintage asset positioned in an Urban Core area where renter concentration and above-median national occupancy support stable leasing. The asset skews newer than the neighborhood’s mid-1980s average, offering a competitive edge versus older stock with manageable capital planning for systems and common-area refreshes. High ownership costs in the area reinforce reliance on rental housing, while 3-mile demographics point to ongoing population and household growth that expands the tenant base.
Balanced underwriting is warranted. Neighborhood safety metrics sit below metro averages and affordability pressure can affect renewals; however, strong amenity access (grocery, restaurants, parks) and diversified employment nodes across the San Diego region help underpin demand. According to CRE market data from WDSuite, these dynamics generally align with steady occupancy potential when paired with disciplined operations and targeted value-add.
- Newer 2000 vintage versus local 1980s stock supports competitive positioning
- High renter-occupied share deepens tenant base and supports leasing stability
- Top-quartile access to grocery, restaurants, and parks enhances livability and retention
- Regional employers across tech, utilities, and biotech sustain commuter demand
- Risks: below-metro safety metrics and affordability pressure require prudent renewal and security strategies